Missouri River Could Ease Grain Bottleneck on Railroads
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The Missouri River might help alleviate grain backups caused by railroads hauling more crude oil in the northern U.S., though federal spending on infrastructure and changes in water allocations may be needed, said Michael Toohey, head of Waterways Council Inc.
A boom in shale oil fueled by the rise of hydraulic fracturing, or fracking, has pushed domestic production to the highest in 27 years, taxing rail systems needed to get both crude to refineries and grain to food producers.